How to Buy Bridgford Foods Stock
Bridgford Foods Corp
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States.
Bridgford Foods stock last closed at $10.50, up 0% from the previous day, and has decreased 17.39% in one year. It has overperformed other stocks in the Packaged Foods industry by 0 percentage points. Bridgford Foods stock is currently +4.69% from its 52-week low of $10.03, and -21.7% from its 52-week high of $13.41.
As of Apr 26, 2024, there are 9.08M BRID shares outstanding. The market capitalization of BRID is $95.31M. In the last 24 hours, 209 BRID shares were traded.
How to Buy Bridgford Foods Stock
Not sure how to invest in Bridgford Foods stock? Here's how.
- Figure out where to buy Bridgford Foods stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Bridgford Foods stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your information.
- Research Bridgford Foods stock: The Bridgford Foods ticker symbol is BRID. Is Bridgford Foods stock a good investment? Should you buy shares of BRID? How do BRID's underlying business fundamentals look? Do top analysts think Bridgford Foods is a good buy? Why has BRID's stock price moved recently? (Hint: Our stock analysis website can help you decide if BRID is a good stock to buy).
- Make your BRID purchase: Decide if you will purchase BRID shares at the current market price or use a limit order to buy BRID stock at a specific price.
- Keep an eye on your BRID investment: Create a watchlist to get live updates on your new investment in Bridgford Foods shares.
Step 1: Figure out where to buy Bridgford Foods stock
You will need an online brokerage account in order to access the NASDAQ market and buy BRID shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to invest in BRID stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the best stock app, you need to deposit funds:
Watch the video below if you need help transferring funds into your new brokerage account.
Step 4: Research Bridgford Foods stock
After you have identified the best place to buy Bridgford Foods stock, it's very important to evaluate their stock prior to investing, so you can comprehend the risk and upside.
Bridgford Foods stock at a glance
BRID Due Diligence Checks
WallStreetZen was designed to help part-time investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BRID's stock page.
What is the fair value of BRID stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BRID's true value.
Using relative valuations methods:
- BRID may be overvalued based on its P/E ratio of 24.42x, relative to Packaged Foods industry P/E ratio of 8.57x
- BRID may be undervalued based on its P/B ratio of 0.73x, relative to Packaged Foods industry P/B ratio of 2.16x
You can do more valuation analysis on BRID's stock here.
BRID Financial Overview
Passed Financial Due Diligence Checks:
- BRID has a low debt to equity ratio of 0.28.
- There are more short-term assets than short-term liabilities on the BRID balance sheet.
- There are more short-term assets than long-term liabilities on the BRID balance sheet.
- Total BRID debt is lower than 5 years ago, relative to shareholder equity.
- BRID earnings of $5.54M is not sufficient to cover its interest payments.
- BRID's operating cash flow of $5.91M allows it to safely service it's debt of $6.91M.
Failed Financial Due Diligence Checks:
- BRID profit margin has gone down from 17.3% to 1.5% in the past year.
BRID Technical Indicators
Is BRID Growing Revenue?
Last year, BRID earnings were $3.78M. During the past five year, BRID's earnings have gone up by -17.42% per year. This was slower than the Packaged Foods industry average of 8.51%.
Last year, BRID revenue was $244.86M. During the past five year, BRID's revenue has gone up by 6.57% per year. This was faster than the Packaged Foods industry average of 5.58%.
Dig into BRID's earnings and revenue performance here.
Who is buying/selling BRID?
In the past year, insiders at BRID have bought more shares than they have sold.
Juan Luis Silva, was the latest BRID insider to buy. They bought $1,130.00 worth of BRID stock on Apr 1, 2024.
Learn more about who owns BRID stock here.
Does BRID stock generate passive income?
No, Bridgford Foods doesn't provide an income stream by paying out dividends.
What do other traders have to say about BRID?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your BRID purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Hit the Open button and eToro will place your order.
If you need additional help buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your BRID investment
Now that you own some BRID shares, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the most important metrics related to your BRID stock.
BRID Feed
How to Buy Stock in Bridgford Foods
To summarize, here are the 6 steps for buying Bridgford Foods stock:
- Figure out where to buy Bridgford Foods stock
- Sign up for your brokerage account
- Fund your investment account
- Research Bridgford Foods stock
- Make your BRID purchase
- Keep an eye on your BRID investment
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Bridgford Foods, hit the button below to create your watchlist.
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